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Kirkland Lake Names New CFO, Exploration Leader

Kitco News

Kirkland Lake Gold Ltd. (TSX, NYSE: KL; ASX: KLA) announces that David Soares is the new chief financial officer and Eric Kallio is senior vice president for exploration. Both appointments are effective immediately. The company also lists a number of internal management changes. Soares has 15 years of finance and management experience, reflecting progressively senior leadership roles with multinational mining companies, including Xstrata, Glencore and Barrick. Prior to joining Kirkland Lake, he was CFO of Baffinland Iron Mines Corp., a joint venture between Arcelor Mittal and Nunavut Iron Ore. Kallio is a geologist with over 30 years of experience working on exploration and underground and open-pit mine planning, scoping and feasibility studies in Canada and elsewhere. Most recently, he was vice president of exploration (Timmins) for Tahoe Resources Inc.

By Allen Sykora of Kitco News;


Superior Gold Announces High-Grade Mineralization

Monday November 19, 2018 08:28

Superior Gold Inc. (TSXV: SGI) says it has discovered high-grade gold mineralization at its Plutonic Gold Mine in Western Australia. The drilling was conducted from May to October. Results include 67 intersections encountering more than 5 grams per tonne of gold; 38 intersections encountering more than 10 grams; 15 intersections with more than 20 grams; six intersections of more than 50 grams; and numerous historic intersections up to 300 meters outside of resource with up to 17.35 grams over one meter. Chris Bradbrook, president and chief executive officer of Superior Gold, says that “we are achieving the goal of our exploration program as they indicate the potential to expand reserves and resources, which will ultimately support a longer mine life and our goal of maximizing grade.” The company will be releasing additional results for other zones. “Our goal is to provide an updated reserve and resource estimate in the first quarter of 2019 using drill results to the end of 2018,” Bradbrook adds.

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